60 Lancaster AvenueDover FoxcroftME04426
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dover Foxcroft at 60 Lancaster Avenue, Dover Foxcroft, ME, 04426 listed at $205,000 pairs $2,050/mo rent with a $1,003/mo payment to leave $757/mo cash flow. Total monthly income runs $2,050/mo, and annual cash flow reaches $9,079/yr on $67,958 cash to close. Return on cash invested measures 33.27% in year one, and rental yield registers 12% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 174.66% and total cumulative return in cash totals $118,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,050/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04426, Dover Foxcroft, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,974 (100%) |
| Owner Occupied HU | 1,476 (49.6%) |
| Renter Occupied HU | 546 (18.4%) |
| Vacant Housing Units | 952 (32.0%) |
| Median Home Value | $149,693 |
| Average Home Value | $245,024 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,027
Multi-Family
42
Businesses
201
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls ID: #1634541